Mutual Fund for NGOs? It may just be possible

Non-profits mostly have to strive hard to raise funds for their causes. It distracts them from the good work they are doing. But what if those with a proven track record could be assured of funds from individuals investing in mutual funds and, at the same time, eager to do their bit by society? Given the sums that mutual funds attract, the potential is huge for putting money into non-profits and through them promoting better development and inclusion.

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Livemint: The Credibility Conundrum

To accomplish their 2% CSR spending, many companies may need to partner with non-profits. But since few NGOs have accreditation, organizations are finding it difficult to partner with them

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The Hindu Business Line: Corporate Social Spending to get a BSE platform soon

In the first few years, Sammaan will enlist agencies such as Dasra, HelpYourNGO, Credibility Alliance and GiveIndia to audit the projects. The Institute of Chartered Accountants of India has also agreed to sign off on CSR spending made through Sammaan.

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Equitymaster is now title sponsor of HelpYourNGO.com

FOR IMMEDIATE RELEASE

Mumbai | 3rd March 2015

HelpYourNGO.com India Pvt Ltd is proud to announce its partnership with Equitymaster Agora Research Private Limited.

Equitymaster was launched in 1996 as India’s first financial website and an independent equity research initiative based out of Mumbai, India. The company brought its principles of rigorous, data-driven and unbiased research to help common investors make informed decisions in the financial markets.

www.HelpYourNGO.com was similarly set up to increase transparency in the NGO sector by providing an online interface between donors and NGOs. The standardized financials, in-depth insights and comparison tools on the website are designed to help donors and subscribers cut through the noise surrounding the NGO sector and support NGOs based on their performance.

Now, Equitymaster will be supporting HelpYourNGO in its mission to increase transparency in the NGO sector by acting as their title sponsor. The sponsorship support will help HelpYourNGO increase its reach, both online and offline, broaden its subscriber base, and offer more services.

Pradeep Mahtani, CEO of HelpYourNGO.com said, “We are pleased to get this support from Equitymaster, which is highly regarded by investors. This association will help us get greater recognition and visibility.”

Rahul Goel, CEO Equitymaster, added, “We are delighted to join HelpYourNGO in their goal of bringing transparency and integrity to the NGO sector. I am confident that this alliance will help Equitymaster readers make a more informed decision the next time they are planning to donate to an NGO as well.”

Contact info@helpyourngo.com for more details.

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How good is your favourite NGO?

Some News for the day of Election and something elsea

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